The US–based designer and marketer of fashion footwear and accessories for women, men and children, announced decline in first quarter's profit despite increase of 6.3% in net sales
This represented the 20th straight quarter with net revenue growth above 20%. The company reviewed its net revenue outlook for 2015 raising it to approximately 3.78 billion US dollars
The US-based company will embark on a full scale rebranding operation. The company is also launching a new men’s footwear business under Brown Shoe Bootmakers brand
Revenue for the first quarter down in all regions and brands. Net loss of 10.7 million US dollars also marks the first set of results presented in the new financial year
Pierre Agnes was named CEO, Greg Healy President and Bob McKnight Chairman. All changes are effective from today onwards. Thomas Chambolle was announced as the new CFO, effective from April onwards
The third annual report provides an update on the company's sustainability-related accomplishments and objectives in the areas of Workplace & Supply Chain, Environment, and Community & Employee Engagement